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  The Oaks at Boca Raton — November 24th, 2006

  UNPRECENDENTED BUYING OPPORTUNITIES CLOSE OUT 2006

"The Oaks at Boca Raton, with homes from over $1 million to $5 million, celebrates the end of 2006 with unprecedented buying opportunities," said Lorna Swartz, director of sales for the last great estate home community in Boca Raton.

"Today's buyers have a variety of exciting choices. They can opt for immediate occupancy in one of a limited number of elegant estate homes or prefer to purchase one of the magnificent professionally decorated model homes. If they wish to build their dream home, they can select from one of the few homesites still available in the virtually sold-out neighborhoods of The Estates and The Enclave East," she said.

"Home buyers have been quick to realize that this extraordinary gated community is a once-in-a-lifetime opportunity to find elegant estate homes, a luxury club lifestyle with no equity fees and a desirable Boca Raton address," Swartz continued.

The homes available for immediate occupancy include two estate homes each by The Oaks' co-developers, Albanese-Popkin Development Group and Kenco Communities and two by The Oaks' third builder, Charlse·Watt Communities. They range up to 7,467 total square feet and are priced from $1.5 million. The magnificent furnished models are priced from $2.7 million.

"Here at The Oaks we are now focused on getting ready for the January 2007 Grand Opening of four furnished models from the Royal Estates Collection at The Sanctuary," Swartz noted.

"Our homeowners will be the first to preview these extraordinary furnished models at an elegant party in December. The Sanctuary is our newest and most luxurious neighborhood and is already the home of two outstanding home collections - The Oak Pointe Estates Collection with four furnished models and The Grand Lake Estates Collection with two furnished models. The arrival of The Royal Estates models will bring The Sanctuary's showcase of extraordinary furnished models to a grand total of ten magnificent homes."

"To 'Discover The Sanctuary' is to experience the timeless elegance and distinguished style of traditional estate living," Swartz said. "The incomparable homes of The Royal Estates Collection, priced from over $2 million, represent a new level of unsurpassed luxury. All homes within The Sanctuary are built with impactresistant glass windows. The entire Oaks community is piped for natural gas enabling the use of much sought-after commercial style gas stoves in the gourmet kitchens and exterior summer kitchens."

The Grand Opening of The Royal Estates Collection will be the occasion of a weekend celebration of "The Oaks Lifestyle." This celebration will include a pro-am tennis tournament and a full program of spa and fitness activities hosted by The Club at The Oaks, the centerpiece of this unique lifestyle.

The Club at The Oaks, with its handsome Santa Barbara-style clubhouse, offers homeowners a full program of social and athletic events for adults and children. Residents experience the pampering services of a concierge, a full service spa and fitness Center and a tropically landscaped and heated pool surrounded by chic cabanas and a casual poolside café. The popular Tennis Center at The Club offers 12 courts, including a stadium court, a red clay court and a hard court, plus a well-equipped pro shop and a full schedule of tennis events for players of all ages presided over by a professional staff. The Clubhouse includes an indoor/outdoor play center and a full size basketball court.